NewsMaster Components Limited Secures Purchase Order for Electric Vehicle Supply Equipment Worth INR 50,94,000Master Components Limited Secures Purchase Order for Electric Vehicle Supply Equipment Worth INR 50,94,000
Master Components Limited has secured a purchase order for the supply of Electric Vehicle Supply Equipment from a domestic company, valued at approximately INR 50,94,000 excluding tax. The order was disclosed on May 12, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The order is scheduled for execution by May 28, 2026, with payment due within 30 days from the date of the purchase order. The transaction is not a related party transaction, and no promoter or group company interest exists in the awarding entity.
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Master Components Limited , an IATF 16949:2016 and ISO 9001:2015 certified automotive components manufacturer based in Nashik, Maharashtra, has received a purchase order for the supply of Electric Vehicle Supply Equipment from a domestic company. The order, amounting to approximately INR 50,94,000 excluding tax, was disclosed to the National Stock Exchange of India on May 12, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Order Details
The purchase order pertains to the supply of Electric Vehicle Supply Equipment and is to be fulfilled by a domestic entity. The name of the awarding company has not been disclosed, citing competitive sensitivity. The disclosure was made by Managing Director and Chairman Mr. Shrikant Hanamant Joshi on behalf of the Board of Directors of Master Components Limited.
The key details of the order, as disclosed under the applicable SEBI regulations, are presented below:
| Parameter: | Details |
|---|---|
| Nature of Order: | Supply of Electric Vehicle Supply Equipment |
| Awarding Entity: | Domestic Company (name withheld for competitive sensitivity) |
| Order Value: | Approximately INR 50,94,000/- excluding tax |
| Execution Deadline: | May 28, 2026 |
| Payment Terms: | Within 30 days from date of Purchase Order |
| Domestic / International: | Domestic |
| Related Party Transaction: | No |
| Promoter/Group Interest in Awarding Entity: | No |
Compliance and Disclosure
The intimation was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015, and SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. The company confirmed that the transaction does not constitute a related party transaction and that neither the promoter, promoter group, nor group companies hold any interest in the awarding entity.
Master Components Limited is registered at Plot No. D-10/A & D-10/B, MIDC Ambad, Nashik – 422010, Maharashtra, India, and operates under CIN: L28900MH1999PLC123308.
Historical Stock Returns for Master Components
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | +4.70% | +4.70% | -10.33% | -6.18% | +149.43% |
Could this EVSE order signal a strategic pivot for Master Components Limited toward the EV segment, and how significant could EV-related revenues become as a share of their total business in the next 2-3 years?
Given the tight execution deadline of May 28, 2026, what risks does Master Components Limited face if delivery timelines are not met, and how might this impact future order prospects from the undisclosed domestic client?
As India's EV infrastructure market expands, how well-positioned is Master Components Limited to compete for larger EVSE contracts against established players, given its current manufacturing capabilities in Nashik?
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